Wells Fargo initiated coverage of WaterBridge Infrastructure (WBI) with an Equal Weight rating and $25 price target The firm says that while WaterBridge offers sector-leading growth and is capitalizing on pore space scarcity with higher returns and better contractual terms, most of this upside is already priced into the shares.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBI:
- WaterBridge Infrastructure initiated with a Neutral at Piper Sandler
- WaterBridge Infrastructure initiated with an Equal Weight at Morgan Stanley
- WaterBridge Infrastructure initiated with a Buy at Stifel
- Hold Rating for Waterbridge Infrastructure LLC Due to Geographic Concentration and Market Risks
- Hold Rating on Waterbridge Infrastructure LLC Amid Strong Market Position and Oil Price Volatility Risks